Lumentum announces $1.1 billion convertible notes offering
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rises in broad rebound; yields push markets towards weekly declines
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
- SpaceX shares fall as second lockup period ends
Lumentum Announces $1.1 Billion Convertible Notes Offering
September 2, 2025 4:30 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Lumentum Holdings Inc. (Lumentum) (NASDAQ: LITE) today announced its intention to offer, subject to market conditions and other factors, $1.1 billion aggregate principal amount of convertible senior notes due in 2032 (the notes) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Act). Lumentum also expects to grant the initial purchasers of the notes a 13-day option to purchase up to an additional $165.0 million aggregate principal amount of the notes.
The notes will be senior, unsecured obligations of... More
